News

A bottle of perfume priced at RMB 1,750 (USD 245) might not only come from Chanel or Hermes. It could also be Chinese. During ...
Alibaba has launched Wan 2.2, a suite of open-source video generation models built on MoE architecture. The models enable high-quality cinematic video generation from text or images and promise ...
The Hong Kong Monetary Authority (HKMA) said the first batch of stablecoin licences will be issued in early 2026, following the city’s new regulatory framework taking effect on August 1. Only a ...
These three cases show how overlooked consumer categories can quietly scale overseas, even while flying under the radar at ...
Hon Hai Precision, known globally as Foxconn, has suspended trading of its shares pending the release of market-sensitive information. The Apple iPhone assembler is expected to make an announcement on ...
UBTech Robotics has completed a HKD 2.41 billion share placement, issuing 30.16 million shares in what it calls the largest equity raise by a listed humanoid robot company. More than HKD 1 billion ...
Insta360 has launched Antigravity, a new drone brand, with its first panoramic drone set for public testing in August. The model supports 360-degree video capture in 8K and is expected to meet EU C0 ...
Chang’an Automobile has been spun off as a new state-owned enterprise in Chongqing. The firm includes 117 subsidiaries and has registered capital of RMB 20 billion. It plans to focus on smart vehicles ...
Eastroc Beverage’s new products lifted its H1 2025 revenue to RMB 10.74 billion, up 36% YoY. Sales of its “Bushuila” hydration drink rose 214% to RMB 1.49 billion, easing reliance on energy drinks.